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📊 Market focus: events of the current week⠀
👉 In addition to the Fed, we pay attention to the US GDP and Eurozone GDP for the 2nd quarter, as well as the German IFO index.
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No UK economic reports are scheduled. Johnson's government said that the already signed protocol on Northern Ireland is not viable and if the EU does not agree to a revision, then Britain can withdraw from it unilaterally. The EU's response was cautious, but officials refused to adjust the protocol. We are waiting for the verbal reaction of British leaders.
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The report on the July 7 ECB meeting will be published on Thursday. The divisions in the ranks of the ECB members are growing, but during the spread of the Delta strain, an explosion is unlikely.
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Specified time is GMT Offset 0⠀
Tuesday, 27USD: Core Durable Goods Orders (12:30); CB Consumer Confidence (14:00); API Weekly Crude Oil Stock (20:30)
JPY: BoJ Governor Kuroda Speaks (07:30)
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Wednesday, 28AUD: CPI; Trimmed Mean CPI (01:30)
USD: Crude Oil Inventories, Cushing Crude Oil Inventories (14:30); FOMC Statement. Interest Rate Decision (18:00), Press Conference (18:30)
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Thursday, 29USD: GDP, GDP Price Index, Initial Jobless Claims (12:30); Pending Home Sales (14:00)
NZD: ANZ Business Confidence (01:00)
EUR: German CPI (12:00)
JPY: Jobs/applications ratio, Industrial Production, Retail Sales (23:50)
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Friday, 30AUD: PPI; Private Sector Credit (01:30)
EUR: CPI; GDP (09:00)
USD: Core PCE Price Index; PCE Price index (12:30)
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Profits to y’all!